Mohegan Gaming and Entertainment has confirmed the appointment of Ray Pineault as its president and chief executive officer, effective immediately.
In the role, he will oversee all day-to-day operations for MGE, including ongoing brand growth, after spending a period in the role as interim CEO since March 31, 2021, when previous incumbent Mario Kontomerkos stepped down.
After 20 years of service to the Mohegan Tribe, including as president and general manager of the brand’s flagship property, Mohegan Sun Connecticut, and most recently as chief operating officer of MGE, Pineault brings a wealth of legal and business knowledge with him to the role.
“I want to congratulate fellow tribal member Ray Pineault as he assumes the role of president and chief executive officer for Mohegan Gaming & Entertainment,” said James Gessner Jr, chairman of the Mohegan Tribe and MGE management board.
“We are tremendously lucky to have someone of Ray’s calibre, experience and intellect taking on this role. His grasp of our organisation and all its moving parts across nine worldwide properties is unmatched.
“Having someone with these abilities come from within our tribal membership makes this day all the more meaningful. Today is a proud day for the Mohegan Nation.”
In the role, Pineault will be responsible for the overall success of MGE where, in alignment with the tribal council, he will create, communicate, and execute a global vision, strategy, and direction for the company; drive the company’s culture, values, and behaviour; build a high performing executive team; and allocate capital to the company’s priorities.
He will also drive the operational results of all MGE owned and affiliated properties through overseeing the effective development, implementation and measurement of all strategic business plans including capital and operating budgets, marketing, technology, people, operations, development, and legal.
“I have dedicated my career to ensuring the success of Mohegan Gaming & Entertainment, and I look forward to the immense growth, development and accomplishments we will achieve in this next chapter together,” added Pineault.
“I am grateful to the Mohegan Tribe for this opportunity and will work tirelessly to uphold our values and traditions, both here in the United States and in the communities around the world in which we operate.”